HARTMANN PACKAGING A/S — Credit Rating and Financial Key Figures

CVR number: 63049611
Ørnegårdsvej 18, 2820 Gentofte
bh@hartmann-packaging.com
tel: 45970000
Free credit report
See parent company

Credit rating

Company information

Official name
HARTMANN PACKAGING A/S
Personnel
516 persons
Established
1917
Company form
Limited company
Industry

About HARTMANN PACKAGING A/S

HARTMANN PACKAGING A/S (CVR number: 63049611K) is a company from GENTOFTE. The company reported a net sales of 3307.6 mDKK in 2023, demonstrating a decline of -1.3 % compared to the previous year. The operating profit percentage was at 10 % (EBIT: 331 mDKK), while net earnings were 114.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HARTMANN PACKAGING A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 356.402 567.402 666.103 350.103 307.60
Gross profit703.20910.00704.80815.001 035.00
EBIT250.20424.10114.90203.90331.00
Net earnings167.20273.9074.40-29.80114.30
Shareholders equity total879.201 025.301 196.501 221.801 224.60
Balance sheet total (assets)2 042.102 374.202 804.202 857.002 721.60
Net debt595.40-34.8080.80939.00621.70
Profitability
EBIT-%10.6 %16.5 %4.3 %6.1 %10.0 %
ROA13.5 %19.8 %5.9 %8.2 %13.5 %
ROE20.3 %28.8 %6.7 %-2.5 %9.3 %
ROI17.0 %25.9 %7.7 %10.4 %17.3 %
Economic value added (EVA)121.15243.1718.8475.38128.50
Solvency
Equity ratio43.8 %43.7 %42.9 %41.9 %45.3 %
Gearing72.9 %3.9 %9.0 %86.0 %64.3 %
Relative net indebtedness %47.4 %49.6 %59.3 %47.7 %40.3 %
Liquidity
Quick ratio1.41.21.01.31.3
Current ratio1.81.61.41.71.9
Cash and cash equivalents45.6075.1026.90111.80166.20
Capital use efficiency
Trade debtors turnover (days)57.249.454.250.150.4
Net working capital %14.9 %14.0 %10.6 %15.3 %15.9 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:13.5%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.